The average price of lithium carbonate, fell by 4,000 yuan/ton today, was 500,000 yuan/ton the straw that broke the camels back.  Here in China it certainly was the final straw.

Raw material supply and price role in electrifying the economy, has been underestimated for many years.  |Its scary to see the volume of materials needed to supply battery production levels in 2025/2030 almost 5X/10X  todays  output.

I don’t want to beat a dead horse, but we require new innovative supply chain solutions not just turn the dial to max output. Work together with Electrios to build a sustainable (reasonable cots) battery raw material supply chain